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Coaltown June 09

This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.

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December 3, 2017 at 6:36 pm #419989
sm8980
Participant
- Topics: 48
- Replies: 38
Hi,
Please could you explain why the written down value of 9000 has been put against depreciation. Perhaps I’m missing something, but would this not go against the main PPE working?
Thank you.
December 3, 2017 at 9:14 pm #420034
MikeLittle
Keymaster
- Topics: 27
- Replies: 23333
The written down value is NOT $9,000!!!!!
The cost was $10,000 and the accumulated depreciation was $9,000 giving a written down value of just $1,000
I think that probably sorts out your question
OK?
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